Panama needs foreign investment

In order to deal with the effects of the current economic crisis they would need $2 billion in 2009 and the same amount in 2010.

Wednesday, January 28, 2009

Prensa.com reports: "This will be the main topic and it can be achieved with the expansion of the Canal, the ports and the hydroelectric plants. However if there are no FDIs, we will grow less that what is forecasted," Marco Fernandez, economist and partner at Indesa, said yesterday at the forum of the Libertad Foundation: Origin and consequences of the financial crisis."

More on this topic

Chinese Developer Analyzes Projects in Honduras

May 2013

Chinese investors have announced the possibility of opening of an office for the study of infrastructure development projects in the country.

From a press release from the Presidency of the Government of Honduras:

Representatives of the China Harbour Engineering Company Ltd (CHEC), met on Monday evening with President Pepe Lobo, to whom they showed their appreciation for the warm invitation to explore infrastructure development projects in the country and who expressed their interest in a portfolio of projects that are listed in the country.

Major Investment Projects in Guatemala

January 2013

Railways, an industrial park, port terminals, and roads are concrete investment projects that will be presented during the next Guatemala Investment Summit 2013.

The National Alliance for the Development of Economic Infrastructure (ANADIE by its initials in Spanish) is preparing a series of infrastructure projects that will be presented during the 2013-Guatemala Investment Summit organized by the Chamber of Industry (CIG by its initials in Spanish) for next May, with the expectation of attracting over U.S. $1.3 billion in investments this year.

Panama: Trump Interested in Old Quarters

March 2011

The Trump Corporation announced its interest in developing a project “even if it's small”, in the old quarters of Panama City (“Casco Antiguo” in Spanish).

The corporation owns the $430 million Trump Ocean Club, its first development in Latin America, and wants it to become a symbol for Panama and Central America.

Infrastructure: Latin America’s Major Need

April 2010

Over the next 10 years Latin America should invest 4% of its Gross Domestic Product in infrastructure.

Norman Anderson, president of CG/LA, the consulting company behind the Latin American Leadership Forum, remarked that investing in “good projects” is crucial for Latin America to have a greater weight in the global economy.

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